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Full-Time

Vice President

Finance

Confirmed live in the last 24 hours

Strata Decision Technology

Strata Decision Technology

501-1,000 employees

Financial planning and analytics software provider

Enterprise Software
Financial Services
Healthcare

Senior, Expert

Chicago, IL, USA + 1 more

More locations: St. Louis, MO, USA

Hybrid environment with flexibility to work from home.

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Sales
Financial analysis
Marketing
Requirements
  • CPA and/or MBA are preferred
  • Proven ability to accurately summarize analysis with relevant points for executive presentations
  • Proven track record of developing and implementing successful pricing strategies that drive growth.
  • Comfortable working in a lean, dynamic, informal, multi-functional organization with high expectations
  • Ability to work effectively under tight deadlines and deliver timely and quality results with a focus on accuracy and integrity of data
  • Self-motivated and demonstrated ability to work and think independently, interpret and exercise professional judgment, creatively problem solve
  • Excellent interpersonal skills and a core understanding of the importance of collaboration
  • Experience in the software industry is preferred
Responsibilities
  • Build and mentor a high-performing FP&A team, fostering a culture of collaboration, innovation, and continuous improvement.
  • Provide leadership and guidance to team members, empowering them to excel in their roles and achieve departmental objectives.
  • Perform complex financial analysis to enable data-driven decision making across the organization including working with other departments as they develop strategies, establish objectives, and make decisions that could have a financial impact on the business
  • Aid the CFO and Executive Team in the creation of the financial forecast and annual budget by developing robust forecasting models incorporating historical data, market trends, and business insights
  • Conduct variance analysis to identify key drivers impacting revenue performance and provide actionable recommendations to drive improvement
  • Meet with management team members to review progress against the financial plan and performance of departmental activities
  • Develop and maintain comprehensive dashboards and reporting tools to track key revenue and margin metrics and performance indicators, with forecast accuracy as a key measure.
  • Collaborate closely with product management, sales, marketing, and finance teams to ensure alignment between pricing strategy and overall business goals including analyzing the impact of different pricing strategies on key business metrics and recommend pricing structures to optimize pricing across all products.
Strata Decision Technology

Strata Decision Technology

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Strata Decision Technology provides financial planning, analytics, and performance management software primarily for the healthcare sector. Their main product, StrataJazz, is a platform that assists organizations with budgeting, forecasting, and cost accounting. It helps clients make informed financial decisions, improve operational efficiency, and reduce costs, particularly in the challenging financial landscape of healthcare. Strata stands out from competitors by focusing specifically on the unique financial needs of hospitals and healthcare systems, leveraging insights from a large user community to enhance their offerings. The company's goal is to support organizations in achieving better financial outcomes, ultimately impacting patient care and sustainability.

Company Stage

M&A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

1996

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Simplify's Take

What believers are saying

  • Strata's recent merger with Syntellis Performance Solutions is poised to unlock new levels of insights and value for clients, enhancing innovation and service delivery.
  • The company's strong reputation for customer satisfaction, evidenced by ten consecutive 'Best in KLAS' awards, indicates a high level of client trust and loyalty.
  • Strata's Real-Time Workforce Management solution addresses critical financial and operational goals, particularly in nursing, showcasing the company's commitment to addressing pressing industry needs.

What critics are saying

  • Rising costs in labor, drugs, and supplies could undermine the financial improvements seen in the healthcare sector, impacting Strata's client base.
  • The integration of Syntellis Performance Solutions may pose challenges in aligning technologies and corporate cultures, potentially disrupting service delivery.

What makes Strata Decision Technology unique

  • Strata Decision Technology's focus on the healthcare sector allows it to address unique financial challenges specific to hospitals and healthcare systems, unlike more generalized financial software providers.
  • The company's flagship product, StrataJazz, offers comprehensive financial planning and analytics tailored to healthcare, setting it apart from competitors with less specialized solutions.
  • Strata's SaaS model ensures continuous updates and improvements, providing clients with the latest tools and insights for financial decision-making.